BTC Pumped almost 4.5% after breaking out the symmetric Triangle as expected and currently trading in the resistance area between 71k - 72k. According to my analysis resources I'm expecting a solid breakout of the resistance and a new all time high within next week.
My next week targets for BTC is at least 75k - 76k
After Breaking out the falling wedge pattern BTC got a significant Pump ( 3% rise in price ) Currently BTC entered in resistance area ( 71k - 72k ) in this area BTC have short positions liquidity in large amount so if the price break this area then ATH can be made in next week.
BTC UPDATE ( 1D Time Frame ):
BTC looks Bullish on 1D Time Frame and currently trading in recent strong resistance area so if the price break this resistance then BTC will move towards All Time High but if failed to break then we may see drop in price ( 67k - 68k )
1W Time Frame Update:
BTC has made an Double Top Pattern which can give a significant DUMP in BTC if followed ( -52k ) But also there is a Cup Handle pattern on 1W Time Frame and the handle also completed which indicates a strong upcoming Bullish movement ( 80k - 100k ).
CONCLUSION: Mostly BTC is Bullish and heading towards new ATH, if price Break 71k - 72k area then BTC will get a significant Pump and I expect a big move in BTC.
ZRX Pulled back from the Demand Area with good buying pressure and also Breakout the Falling Wedge Pattern. According to the analysis we can long ZRX between 0.51 - 0.53 with SL below 0.47
NOTE: This is swing trade and may take upto 15 days to achieve targets so patience will be needed to hold ( Put a small amount in this ).
ORDI has formed a Bullish Flag Pattern And Also Pulled Back From The Support.
According To The Analysis We May See a Retest To The Support level Near ( 45$ - 45.6$ ) Which Will Be a Good Price To Enter In ORDI For Long. And Targets Should Be Above Then The Entry Till 57$ - 59$.
NOTE: If price breakout the pattern without coming back to the support then we can long on retest after successful breakout.
BTC Has Break-Out The Bullish Pennant On 1D Time Frame And Also Break-Out The Symmetric Triangle On 4H Time Frame.
According To The Patterns And Analysis BTC Will Go Long From Now And Expected To Create a New All Time High ( a Little Retests Are Possible).
I'm Long BTC From The Market Price With Little Amount And Will Hold It Until Maximum Targets Achieve.
NOTE: Only This Week Can Be Bullish Next Week Maybe Bearish So Manage Your Trade Accordingly, Further I Will Update You With Every Upcoming Movement I Notice.
ORDI has formed a Bullish Flag Pattern And Also Pulled Back From The Support.
According To The Analysis We May See a Retest To The Support level Near ( 45$ - 45.6$ ) Which Will Be a Good Price To Enter In ORDI For Long. And Targets Should Be Above Then The Entry Till 57$ - 59$.
NOTE: If price breakout the pattern without coming back to the support then we can long on retest after successful breakout.
INJ pumped after breaking-out the bullish Pennant and created a OB and FVG.
Currently INJ getting good rejection from the OB and also filled the FVG which indicates a upcoming bullish movementum in INJ.
We May see a little fall in price again to the OB near 24.500 and that will be a good time to buy this and targets will be above from the entry till 27$ - 28$.
Holding with patience will be required at least 3-7 days
INJ pumped after breaking-out the bullish Pennant and created a OB and FVG.
Currently INJ getting good rejection from the OB and also filled the FVG which indicates a upcoming bullish movementum in INJ.
We May see a little fall in price again to the OB near 24.500 and that will be a good time to buy this and targets will be above from the entry till 27$ - 28$.
Holding with patience will be required at least 3-7 days
YESTERDAY BTC GAVE A FAKE BREAK-OUT ON 1H TIME FRAME AND AGAIN MOVED BACK INTO THE SYMMETRIC TRIANGLE.
CURRENTLY BTC IS CONSOLIDATING IN THE RANGE OF 67.6K - 67.9K, ACCORDING TO THE ANALYSIS BTC WILL BREAK-DOWN THE SYMMETRIC TRIANGLE BEFORE MONDAY OR ON MONDAY AND WE MAY SEE A RETEST TO 64.5K - 66K.
MARKET IS EXPECTED TO BE BULLISH IN THE END OF THE WEEK OR AFTER THE SUCCESSFUL RETEST (THERE ARE HIGHER PROBABILITIES FOR THE RETEST ).
NOTE: If 64.5k support didn't sustain the price we may see further drop till 62k - 63k.
Market condition is getting better and some good news also coming in BTC fevor. By considering All research including my technical analysis I'm waiting to long BTC from 67.8k.
Entry ( 67.3k - 67.8k Targets: 68.5k , 69k , 69.5k , 70k , 70.5k and Above SL : 66.5k ( Or adjust according to yourself )
BTC currently trading under the symmetric Triangle and current phase is consolidation but according to the analysis BTC May do a retest to 63.5k.
Possibly BTC will consolidate between 67.5k - 68.8k Till Monday or we may see a little movement tomorrow on Friday.
Wait for the symmetric Triangle breakdown or breakout but according to my resources and information, there is most chances for breakdown and retest to 63.5k.